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20121201
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to the president's desk. tracy: click and expedient. lori: the efficiency. tracy: u.s. government set to hit the legal borrowing limit on monday. 16.$4 trillion federal debt limit beginning to come down and toch congress passes legislation or defaults. treasury secretary tim traders said the treasury would begin to undertake "extraordinary measures to stave off default quote that could $3,200,000,000,000 of additional funding which would give them two more months this is creative accounting. we have many. lori: the overspending is the understatement. the bond yield is lower investors are thinking this is the safest bet stocks are falling the dow was off 100 points europe is a mess in china slows down the global economy in dire straits and we cannot stop spending there is no message in interest rates are rising as they should to prepare for another downgrade which is very concerning talking about the economic data data, consumer confidence falls over fiscal cliff uncertainty and warning the government is set to hit the legal borrowing limit by a monday. we have bill rodgers from rutgers unive
: we are going to talk about apple. they will bring some manufacturing home for the u.s. charles: about $100 million in 2013. we know that is a tiny, tiny, tiny, tiny amount of what they spent on fraction. i think this public opinion thing about bashing these companies that do not do certain manufacturing in america, it is somewhat misguiding. the same critics who are now saying we not stop back here were saying we were exporting the rest of the world. now, we are saying bring those jobs here. you cannot bring them back at the same wage. i do not think we have a responsibility to create a certain kind of job, but we have a responsibility to create jobs. if you want those chinese jobs, you can have them. dagen: steve jobs told president obama that those jobs were not coming back. charles: somehow the administration going after profit, you know, whatever it is, you wanted or public opinion, now if you do not start to do this stuff, we will go out and take it. caterpillar is one company to watch. their ceo has been on top of this. he has been very defensive about the fact they are still cr
. if it was you or me we'd likely be fired by now. rick newman from u.s. world and news report is here. look, i've had it up to here with this. i think our viewers do, too, share this outrage? >> yeah, i think i'll have a meeting whether i'll do my job or not. stuart: really? >> a lot of people have not been paying attention until recently. this is affecting the real economy and we're going to absolutely see it affect the stock market. stuart: but nothing happens. look. >> and get everybody's attention. stuart: every media outlet, right, middle of the road expressing outrage. what is hang? >> worth taking a step back and people seeing this developing for a long time didn't have high expectations much would get accomplish. this is a lame duck session of congress, a new congress in january and a lot of people said, you know, maybe there's a 50% chance they'll actually get some kind of deal done before the deadline. stuart: that's not good enough. >> they pushed the deadline off. there's always that last second option. let's extend the deadline for another month, two months, three months, and that
that are based in the u.s., but are globally focused. a lot of those will come from the information technology area. also, energy and healthcare. those are some of my favorite sectors for 2013. connell: brian, thank you very much. speaker of the house, john boehner, getting ready to deliver his update. as soon as he does, we will take it live. he will highlight the fact that the spending cuts are just not there. we will see what he has to say. then the story about facebook interns. just breaking in the cash. let's take a look at oil today. ♪ connell: the speaker of the house john boehner is about to update us on the fiscal cliff talks. pushing the president to come up with some spending cuts. we will have it live as soon as it starts. before that, let's make a little money. charles payne is here. tell us your stock today. charles: they make great cars. the demand is absolutely on fire. the liquefying the commodities, natural gas, i think there will be a lot of money there. as you are worried about this fiscal cliff stuff, this is one of the companies that has done very well in a recessionary
announcer ] with stamps.com, you can print real u.s. stage for all your letters and packages. it gives you the exact amount of postage youeed the instant you ne it. can you print only stas? no. first class. priority mai certified. international. and the mailman picks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >> monday, december 3rd he and hold on to your wallet. the tax man is coming and he wants to tax everything. there's a long list of everything where the left wants to raise the tax take as of now, monday morning, centers on tax hikes, not spending cuts and certainly not entitlement reform. first to secretary geithner to him and the president, it's all about pushing the republicans to accept tax hikes. >> you know, i can't promise that. that's a decision that lies in the hands of republicans that are now opposing increase in tax rates. if they recognize the reality that we can't afford to extend those tax rates then we have the basis f
digital politics editor from a veteran political strategist, former u.s. ambassador to the united nations. now the late breaking developments on the fiscal cliff talks and the impact of the withdrawal of susan rice from consideration to be the next secretary of state, fox news chief white house correspondent ed henry with our report. >> president obama was not fretting about the fiscal cliff as he strolled to a holiday party joking with fox news about the warm weather and expressing hope for a deal. >> how are you feeling about a deal, optimistic? >> the speaker not so hopeful. >> is this issue, spending. >> again railing against what he claims are not enough spending cuts in the white house proposal and slamming the president's push for executive power to raise the debt ceiling, something he says democrats never would have given former president george w. bush. >> to you think there is any chance that senator reid or then senator obama would have done that? zero. congress has never come to give up our ability to control the purse. >> a new poll suggests the public wants spending rain in
>> wanna and v tonight. a huge break through for u.s. natural gas. a key government study could open the door for eorts and create a boom for the economy. the only thing standing the way though is present obama. we'll drill down with a natural gas company's ceo. >>> plus fighting crazy with crazy. could two plat nurm coins worth a trillion dollars each solve our debt crisis? is it as nuts as it sounds? bear with me here, people. our "money" power panel will break it down. >>> are plastic bags the way to extinction. they're completely banned in two cities. chicago wants to nix them. guess who is behind it? my favorite chicago alderman. i say stop the madness. but alderman joe moreno is here to disagree with me. even when they say it is a not it is always about money melissa: first let's take a look at today's market headlines. mediocrity apparently the reason to buy on wall street today. the november jobs report came in above expectations but the 146,000 jobs added is below average monthly growth for the past two years. that and 350,000 americans left the workforce. it all someh
to make a project internationally, they have a special government-backed loan program at the u.s. export-import bank. last year that program alone provided $10.4 billion in fossil fuels. melissa: can i ask you would be be better like my children and wont out like the navy and spent $26 a gallon on biofuels or like the air force which is spending $59 a gallon. would that be better for my children if we were all doing that? i don't like the navy and air force doing that. i think that is bad for my children's future because it runs up the debt and deficit. >> the best thing for my children's future. i have two boys. one 10 years and one ten months and i'm worried about climate change and their future. we need to stop encouraging the industries that are causing this problem. the oil industry, gas and coal industries. and we need to start encouraging clean energy if we will solve it. the very first place to start is to stop giving these subsidies. it is a no-brainer. the vast majority of americans of all parties actually support this perspective. melissa: without affordable energy we have no
. it is called project blitzkrieg. get this, in early pilot program they have already stole $5 million from u.s. bank accounts. here to talk about how to protect your hard-earned cash. we have colonel layton, security analyst and former deputy director with the national security agency. colonel, welcome back to the show. i should say colonel cedric layton. >> my pleasure, melissa. great to be with you. melissa: break this down for me. what exactly is going on? >> what is going on, melissa. there is a guy named --. melissa: i'm glad you had to say that, not me. >> he is, basically means thief in law. in russian. so he is literally a godfather-like figure within the russian hacker community. he is very brazen. posts a lot of stuff on youtube that talks about exactly what he will do. he is interested in going after people's money and he is targeting particularly affluent private banking customers, rich people all over the world but particularly in the united states. and during this last attack, that he was involved in, this basic test run for operation blitzkrieg, what he ended up doing he ended u
: the u.s. ski industry is heading downhill. a new study reports the winter tourism industry experienced an estimated one billion dollar loss over the past decade, due to, climate change. with the u.s. on track to have the warmest year in its history, the ski industry is being dealt another brutal blow. joining me is bob dean from the national resources defense council. one of the groups behind that particular study. bob, thank you. welcome to the show. >> thank you, sandra. good to be here. sandra: so let me get this straight. you're blaming the warm winters, lack of snow on climate change? >> absolutely. you mentioned sandra, we're on track as of end of the november we had the hottest year on record in this country. 3.3 degrees hotter than the 20th century average. it hurt our farmers and ranchers, devastated worst drought in 50 years. fires detroit nine million acres of forest and fields. we'll seeing it on the ski slopes. climate change for the slopes means less snow on the ground, feuder skiers on the slopes. if you make your living in the business, less money in the wallet and payc
, but the u.s. patent office just said, no, that's invalid. so he they don't have a patent on it. as you see, no impact on the stock whatsoever, but i like that technology, find it interesting. >> so cool. stuart: surely is. all right, nicole, thank you very much indeed. i'll say it again, dead flat market, down 8 points, all you've got ladies and gentlemen, this thursday morning. time is money, 30 seconds, here is what else we're working on for you. the world's going to end tomorrow, according to the mayans, we'll talk to a man who said, yeah, it could happen. if he really believes it why is he selling books and why will he be on our program? i'll ask him. a woman in kentucky tries to buy ipads with her ebt card. has welfare become a way of life? we'll ask former welfare chief star parker. and time for giving, john stossel joins us for a look at charity. it's thursday morning, it's time i give the 7 early movers. and disappointing results from amicus their p amicus therapeutics. and the nyse euronext, and acquiring motorola, arris is acquiring, the stock is up a little bit. and accenture an
more reserves. saudi arabia disputes that. >> talking about u.s. reserves of oil shale in the rockies and they're there and trillions of barrels. insanely expensive to produce. oil intense sieve. you can count them but stretch to count. melissa: if he dies what happens to oil the next day? how nervous are the markets? how big of a deal is this? >> that's a good question. i think the markets would be reasonably nervous and i tend not to think that way. melissa: yeah. you're a very calm guy about this stuff. >> here i am but -- but i do think that given that. pede investment as is hold by spit and bailing wire and. on other hand people who will be most cared are chinese get half a million barrels a day for loans of the cubans get it essentially for free. they have to be really worried. i always thought the venezuelan output was always hanging by a thread and even death in short term of mr. chavez wouldn't fix that. melissa: it will be fascinating to watch. wow! john kingston, thanks as always. terrific. >>> time for today's fuel gauge report. oil prices fell for the fifth straight sessi
that's sent, it is not the property of the u.s. postal service, it is still the property of the person who sent the letter? isn't it the same for messages? >> unfortunately no. i agree with you, but the government has taken the position that if the letter is no longer in the physical custody of the post office, but the e-mail is somewhere digitally in the custody of the telecom, that the telecom can be told how to long to keep it. stuart: a letter is still the most private form of communication. i think it is. >> there is a federal statute that prohibits the fbi from reading your mail without your search warrant. the government doesn't enforce the statute. it reads the mail anyway. stuart: you have not upset me. we will save that for later. >> you should be upset. stuart: are you done? >> no. [laughter] stuart: nicole, please get me out of this because -- i want you to talk about big lots because i believe the stock is moving. tell me about it. nicole: fine, you are absolutely right as always stuart the stock is moving indeed. big lots up about 7%. couple of things coming here into pla
consider the use of chemical weapons. >> senior u.s. officials confirmed to fox news that syria have fully mixed an unknown quantitity of the deadly nerve agent loading it on to breakable canisters, an aerosol form to be dropped from above. in dublin, secretary of state clinton met with the russian foreign minister whose regime steadfastly defended syrias, but that changed as the russian leader, close to putin said, quote, we have shared and do share the opinion that the existing government in syria has to carry out its function, but time shown this task is beyond its strength. >> it's now up to the russians to do everything possible and maximize their influence to ensure he does not use these weapons. >> it's also good to hear that some of the arab countries are trying to find a way to get them out. >> whether assad accepts the settlement that includes asylum in another country is far from clear. the deputy foreign minister said he's 100% sure that assad will never, ever leave syria. lou: thank you very much. chief washington correspondent, and joining us now, fox news middle east and ter
yet to spur demand. prices are down nearly 7% so far this month following the u.s. department of agriculture decision to cut the greens demand forecast. fact activity in new york state declining for the fifth month in a row in december as new orders dropped in the labor market remains weak. the new york fed empire state index falling into negative 8.1 from negative 5.2 in november. liz: we have larry in the pits of the chicago mercantile exchange. he will let us know about the clothes. the fiscal deal is coming. they will find out in a second, and says the market is heavily discounted and at historic levels. should you jump in? a 100-point gain on the dow jones industrial a full percentage point for the russell and the s&p and the nasdaq rather. this is a great day, isn't it? >> a good day, that is for sure. kind of took an informal poll on the floor ask a few traders are we going to reach the fiscal cliff, are we going over it? certainly most traders were not in agreement. everyone is in agreement we're not going to go over the fiscal cliff. liz: the highest of the session of
Search Results 0 to 19 of about 20 (some duplicates have been removed)

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